Bitcoin News / Bitcoinist - 8 months ago
Bitcoin has surged 11% since Tuesday following the Federal Reserve’s announcement of a 50 bps interest rate cut. This significant price movement pushed BTC past the $62,000 mark, a psychological level that shifted investor sentiment toward opti...
Bitcoin News / Bitcoinist - 8 months ago
In a significant development for Bitcoin (BTC), the broader crypto market and the traditional banking industry, BNY Mellon has been identified as the first bank to receive an exemption from the Securities and Exchange Commission’s (SEC) Staff A...
Bitcoin News / Bitcoinist - 8 months ago
German authorities have shut down 47 crypto exchanges connected to illicit activity, including money laundering, in a forceful anti-cybercrime action.
Under the direction of the Federal Criminal Police Office (BKA) and the Frankfurt am Main Public P...
Bitcoin News / Bitcoinist - 8 months ago
Given the renewed upward performance of the entire cryptocurrency market following the recent Federal Reserve (Fed) interest rate cut, Bitcoin is witnessing a wave of bullish predictions from crypto experts, with some forecasting that BTC’s fin...
Bitcoin News / Bitcoinist - 8 months ago
Dogecoin (DOGE) and Shiba Inu (SHIB) have rallied significantly in the last 24 hours. This development is thanks to bullish macro events. Onchain data also shows that these meme coins are witnessing inflows from both large and retail investors.
Why...
Bitcoin News / Bitcoinist - 8 months ago
On-chain data shows that Toncoin (TON) has recently become the number one cryptocurrency in this network activity-related indicator.
Toncoin Has Seen A Sharp Surge In Active Addresses Recently
According to data from the market intelligence platform I...
Bitcoin News / Bitcoinist - 8 months ago
In the ever-evolving landscape of cryptocurrencies, Ripple (XRP) has made waves in 2024 by pushing boundaries in the blockchain sector. However, even amidst its latest moves, a significant $2 billion price correction has occurred. This correction has...
Bitcoin News / Bitcoinist - 8 months ago
As the cryptocurrency landscape continues to evolve with numerous layer-1 and layer-2 blockchains, the decentralized finance (DeFi) platform Drift is making significant advancements on the Solana (SOL) blockchain.
Recently, Drift announced a success...
Bitcoin News / Bitcoinist - 8 months ago
In a turn of events, the US Securities and Exchange Commission (SEC) has requested a court extension on its time to complete the fact discovery requirements for the lawsuit against Coinbase. The extension seeks to delay the deadline by four months, s...
Bitcoin News / Bitcoinist - 8 months ago
Solana, a modern blockchain and one of the top smart contract platforms, looking at a screen grab shared by one observer on X, has achieved a remarkable milestone.
Over the past seven months, the platform has maintained an unusually high uptime of 1...
Bitcoin News / Bitcoinist - 8 months ago
According to a crypto analyst known pseudonymously as Master Kenobi on social media platform X (formerly Twitter), the prime cryptocurrency that’s going to outperform Bitcoin in this market cycle is none other than Dogecoin, the original OG mem...
Bitcoin News / Bitcoinist - 8 months ago
Donald Trump became the first former US President to use Bitcoin (BTC) for a commercial purchase when he completed a cryptocurrency transaction to pay for hamburgers at a New York City bar before a campaign rally.
Trump Uses Bitcoin To Pay For Hambur...
Bitcoin News / Bitcoinist - 8 months ago
In an unfortunate twist of events, a Shiba Inu (SHIB) whale who once amassed a staggering $145 million fortune in 2021 from a SHIB trade is now facing substantial losses. After engaging in a series of high-stakes meme coin trades, the prominent whale...
Bitcoin News / Bitcoinist - 8 months ago
As the world of cryptocurrency continues to evolve, several new methods are being developed by cybercriminals to scam crypto users. One of the latest methods reported to be widely used by these imposters to steal users’ funds is the Clipper Mal...
Bitcoin News / Bitcoinist - 8 months ago
Co-founder of Ethereum, Vitalik Buterin, created a scene – albeit in a fun way – at the TOKEN2049 conference in Singapore by not only offering analysis on Ethereum developments but also amusing guests with a crypto-themed song.
Held Sept...
Bitcoin News / Bitcoinist - 8 months ago
As the crypto market gears up for a potential bull run in 2025, analyst IonicXBT has shared his comprehensive guide on how to identify the Bitcoin market top in this cycle. The analysts’ guide is based upon the SOPR (Spent Output Profit Ratio),...
Bitcoin News / Bitcoinist - 8 months ago
Recent developments in the crypto space have underlined the continuous danger of frauds, especially via social media channels.
High-profile X (previously Twitter) hacking events have exposed significant number of victimized accounts, promoting fake...
Bitcoin News / Bitcoinist - 8 months ago
With the United States Presidential election drawing closer, a market expert has addressed the growing discussion within the general crypto industry that the upcoming event could impact the long-term potential of Bitcoin negatively.
Bitcoin’s F...
Bitcoin News / Bitcoinist - 8 months ago
As the cryptocurrency market evolves, it’s becoming evident that hype alone can’t sustain a token’s value. This realization has led some of the largest Bonk (BONK) holders, known as “whales,” to diversify their portfolios by investing in GoodEgg (GEG...
Bitcoin News / Bitcoinist - 8 months ago
Bitcoin and the rest of the crypto market have been trading sideways for the better part of the year now. However, the tide is starting to turn as there could be a recovery trend for the crypto market very soon. To this end, a crypto founder has iden...
Bitcoin News / Bitcoinist - 8 months ago
On-chain data shows the Bitcoin supply held by the short-term holders has recently been going down at its fastest monthly rate since 2012.
Bitcoin Short-Term Holder Supply Plunges As Investors HODL
As explained by CryptoQuant author Axel Adler Jr in...
Bitcoin News / Bitcoinist - 8 months ago
The journey of meme coins has been nothing short of spectacular in the cryptocurrency world, with Shiba Inu (SHIB) leading the charge as one of the most recognized tokens after Dogecoin (DOGE). However, the market is shifting, and 2024 could be a tra...
Bitcoin News / Bitcoinist - 8 months ago
As the US presidential election approaches, less than two months before what could be a turning point for the crypto industry, experts are expressing skepticism about its potential impact on the crypto market, according to a CNBC report.
Crypto Lead...
Bitcoin News / Bitcoinist - 8 months ago
Former BitMEX CEO Arthur Hayes thinks the upcoming interest rate cuts by the US Federal Reserve (Fed) could ignite a short-term crypto market crash.
Fed Is Doing A Colossal Mistake, Hayes Says
Delivering a presentation titled ‘Thoughts on Macroeconom...
Bitcoin News / Bitcoinist - 8 months ago
Two ex-senior executives from Coinbase, Vishal Gupta and Patrick McCreary, have announced the launch of TrueX. This new crypto exchange will focus on stablecoins, using PayPal Holdings Inc.’s PYUSD as its “preferred token for transactions.̶...